The Lower Eastern Times Opening The Third Eye
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Karex, the world’s biggest condom producer, has announced plans to increase prices by up to 30%—or even higher—if the ongoing conflict involving Iran continues to disrupt access to key raw materials.
Chief executive Goh Miah Kiat said manufacturing costs have surged since the conflict began, largely due to supply chain challenges and rising input prices.
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The Malaysia-based company manufactures over five billion condoms annually, supplying major global brands such as Durex and Trojan, as well as public health systems including the UK’s National Health Service.
Global energy markets have been shaken after Iran reacted to US and Israeli airstrikes by threatening vessels passing through the Strait of Hormuz, a key route for global oil and gas shipments. The disruption has slowed supply chains worldwide.
Karex depends heavily on petroleum-based inputs such as ammonia—used in preserving latex—and silicone lubricants, both of which have become more expensive.
At the same time, demand for condoms has jumped by around 30% this year, with higher shipping costs and delays worsening shortages.
Goh noted that economic uncertainty often drives higher demand for protection, as people become more cautious about family planning.
The rising prices reflect wider global impacts of the conflict, which has already pushed up costs in sectors such as air travel, fertilisers, helium, and bottled water. The United Nations has also warned that food prices—including sugar, dairy, and fruit—could increase due to higher transport costs.
Meanwhile, uncertainty remains over peace negotiations between the US and Iran after Donald Trump indicated a ceasefire extension pending further talks.
